Oman recorded a Current Account surplus of 2.90 percent of the country's Gross Domestic Product in 2024. Current Account to GDP in Oman averaged 1.09 percent of GDP from 1980 until 2024, reaching an all time high of 15.60 percent of GDP in 1981 and a record low of -19.50 percent of GDP in 1998. source: Central Bank of Oman

Current Account to GDP in Oman is expected to reach -0.60 percent of GDP by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Oman Current Account to GDP is projected to trend around 0.50 percent of GDP in 2027 and 1.40 percent of GDP in 2028, according to our econometric models.



Related Last Previous Unit Reference
Capital Flows 819.00 537.00 OMR Million Dec 2024
Current Account 1180.00 936.00 OMR Million Dec 2024
Current Account to GDP 2.90 2.40 percent of GDP Dec 2024
Foreign Direct Investment 3004.00 4802.00 OMR Million Dec 2024


Oman Current Account to GDP
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).
Actual Previous Highest Lowest Dates Unit Frequency
2.90 2.40 15.60 -19.50 1980 - 2024 percent of GDP Yearly